What was filed
Tata Consumer Products' board approved the unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026 at its meeting on October 26, 2026. Deloitte Haskins & Sells LLP conducted a limited review of both sets of results. The disclosure is made under Regulations 30, 33 and 52(4) of the SEBI Listing Regulations.
Where the growth came from
On a consolidated basis, the company attributed quarterly revenue growth to underlying growth of 17% in the India business and 9% in the Non-Branded business. It said International business revenue was marginally lower, which it linked to a continued heatwave. Operating performance improved in the International and Non-Branded businesses, partly offset by what the company described as inflationary pressure on key input costs in the India Branded business. Group consolidated net profit rose over the corresponding quarter of the previous year.
The company reports across a Branded segment (India and International) and a Non-Branded segment (plantations and solubles). Per the filing's segment data, the India Branded business remains the largest single revenue contributor within the group.
The exceptional item at the parent level
At the standalone level, the company said profit before exceptional items and tax was higher year-on-year on improved operating performance, but reported profit after tax was lower because of exceptional items. The filing states the standalone exceptional item is a fair value loss of Rs 57 crore on a financial instrument held in an associate, plus a Rs 7 crore adjustment relating to contingent consideration paid on a business acquisition. At the consolidated level, the exceptional item reflects only the contingent-consideration adjustment. The difference is why the one-off weighs on the parent's reported profit but not the group's.
Balance sheet and cash position
The filing annexes the balance sheet and cash flow statement. Consolidated net worth and current ratio are disclosed in the Regulation 52(4) additional information. The company also disclosed, per the consolidated cash flow, an acquisition of non-controlling interest and a dividend paid during the six-month period.